spot_img
7.6 C
London
Saturday, November 26, 2022
HomeCOINSTranquil Staked ONE (STONE) Coin Complete Detailed Review

Tranquil Staked ONE (STONE) Coin Complete Detailed Review

REVIEW OVERVIEW

Cost Value
Trust Score
Customer Service
Ease To Use
Available At Market
Development Score
- Advertisement -

Introduction Tranquil Staked ONE (STONE)

Tranquil Staked ONE is a multiprimitive DeFi super app for the Harmony blockchain. It is the first DeFi protocol developed as part of the Defira metaverse, adding a GameFi layer to Tranquil’s DeFi features. The protocol supports three major DeFi primitives: DEX, lending, and liquid staking. Tranquil Swap is newest Uniswap-based constant product DEX primitive, allowing users to trade tokens permissionlessly. This feature is available through the Defira frontend and game, and are in the process of migrating Tranquil Finance’s other primitives into the Defira frontend.

Tranquil Staked ONE Lending is a money market allows users to supply and borrow assets, while receiving or paying interest in a completely permission less and decentralized way. Borrowing and lending interest is set based on market demand, and loans are over-collateralized to ensure solvency. The smart contracts are forked from Compound, and the core Comptroller and market contracts have been audited by CertiK.

Tranquil Staked ONE Basic Point Table

Coin BasicInformation
Coin NameTranquil Staked ONE
Short NameSTONE
Circulating SupplyN/A
Max Supply29,174,088
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Who Are The Founder Of Tranquil Staked ONE (STONE) ?

LEAD DEVELOPER – Former FAAMG software engineer tech lead with over 10 year experience and background in security and authentication. Professional and hobby game developer with credits in Dragon Age 3.

STONE Price Live Data

The live Tranquil Staked ONE price today is $0.169964 USD with a 24-hour trading volume of $633.53 USD. We update our STONE to USD price in real-time. Tranquil Staked ONE is up 4.98% in the last 24 hours. The current CoinMarketCap ranking is #6200, with a live market cap of not available. The circulating supply is not available and a max. supply of 29,174,088 STONE coins.

Vision

vision for Tranquil Finance is to be the premier platform on Harmony for every major DeFI primitive. As part of the Defiraverse, Tranquil Finance will become part of a fantasy game world, in which the DeFi and GameFi models fuse to create something much greater.

TRANQ Token

The TRANQ token is the protocol token of the Tranquil Finance. Along with governance rights, 75% of the protocol fees will be distributed in the . As part of the , TRANQ will also have additional utility as an in-game resource, including the cost to wish for new heroes. TRANQ consumed this way will be permanently burnt.

Information

Tranquil Staked ONE (STONE) Coin Complete Detailed Review

Tokens Distribution

Tranquil Staked ONE (STONE) Coin Complete Detailed Review

Emissions

We will not commit to a hard emission curve but instead philosophy is to carefully balance the expansion of the token supply with the incentive rewards for attracting liquidity and users. The xTRANQ public sale is an example of this philosophy in action. Based on the experiences of incentive programs from other protocols, rewards are often farmed and dumped by huge funds who often have no interest in the long term interest of the project itself. They expect the allocation for incentive rewards to last at least 4 years.

Features :

Staking:

Users stake their ONE token with the LiquidStaking smart contract and receive stONE tokens as receipt, representing their staking deposit. The trusted relay node listens to these events and delegates the deposited ONE tokens to a whitelisted validator.

Rewards:

The stONE token represents a share of the total amount of ONEs under control of the protocol. The trusted relay node will collect and compound rewards periodically, which will increase the total ONEs under its control. This will update the exchangeRate, which determines the value of ONE to stONE.

Trusted

Currently, there is no way to send staking transactions through the EVM. Therefore, Tranquil stone is designed as a trusted solution, similar to Lido, using trusted relay nodes that listens to on chain messages and send the required staking transactions. The core Harmony team has a roadmap item to support EVM-based on chain staking transactions. goal is to migrate to a trustless, non-custodial solution once this feature is available. want to work together with the Harmony team and will be reaching out to see how can help on this roadmap item

Rodemap :

Tranquil Staked ONE (STONE) Coin Complete Detailed Review
Tranquil Staked ONE (STONE) Coin Complete Detailed Review

Market Screenshot

Tranquil Staked ONE

Faq Of Tranquil Staked ONE

Where I Can Find Tranquil Staked ONE Coin Whitepaper ?

You Can Find Tranquil Staked ONE Whitpaper By Clicking Here

Where I Can Buy/Sell Tranquil Staked ONE

You Can Buy Or Sell Tranquil Staked ONE On Some Popular Exchange For Example – Binance , Coinbase , Huobi Etc .

What Is Max Supply Of Tranquil Staked ONE?

Max Supply Of Tranquil Staked ONE Is 29,174,088

1xbit worldcup

- Advertisement -

JUST NOW PRESS RELEASE

RELATED ARTICE BY WOOTFI MILE TEAM

Introduction Tranquil Staked ONE (STONE) Tranquil Staked ONE is a multiprimitive DeFi super app for the Harmony blockchain. It is the first DeFi protocol developed as part of the Defira metaverse, adding a GameFi layer to Tranquil's DeFi features. The protocol supports three major...Tranquil Staked ONE (STONE) Coin Complete Detailed Review